
$3,490,000
Toronto · L'Amoreaux
$3,490,000
Added 7 days ago
Property type
Investment
Lot
47.9 × 133.8 Feet
Parking
4 spaces
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Not intended to solicit buyers or sellers currently under contract. All MLS® data is deemed reliable but not guaranteed.
Taxes
$15,308 /yr
MLS®
W14141202
Listed by
VALERY REAL ESTATE INC.
Source
TRREB
Days on market
7
High Park legal 6-plex plus shovel-ready garden suites! 4 two-bedroom units and 2 large, bright one-bedroom lower level units, 4 of 6 renovated, 100% leased with in-place NOI of $144,860. 2 BR units approx 892 Sq Ft & 1 BR units are approx 794 Sq Ft. COA approved and building permits issued (transferable) for two new rent-control-exempt garden suites: a 3 bed (1,137 sf) and a 2 bed (971 sf). Design, permit fees and DCs already paid, and a fixed-price CCDC build quote in hand - the approvals work is done, grow from 6 units to 8. Additional upside as two legacy 2-bedroom units turn over to market. Rare 4-car detached garage and private drive. All units with separate upgraded electric panels. Coin laundry. Exceptional investment and solid money maker on a nice lot. Short walk to Bloor shops, Keele subway station and High Park. Own a stabilized 6-plex today and an 8-plex tomorrow. Great opportunity to own a High Park North asset.
293/295 Indian Grove, Toronto, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$15,503/mo
Principal + interest
$15,503
Total interest
$1,858,900
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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